I got a line on a junior miner Spanish Mountain Gold SPAZF on the pink sheets. It seems to have everything: no debt, 3.2 Moz of gold, profitable extraction, located in B.C. Canada, all infrastructure already in place, good relations with the First Nations, permitted mines already operating in the area. Most importantly an all-star board of directors, and just recently Jim Rogers joined the board. Jim Rogers has always said eschew the miners — buy the bullion. He has a lot of face to lose and very little to gain by joining this board, unless he really believes it is a moneymaker. The stock has been terribly beaten down to .28. But they are due any day to release a new PEA, and it just looks like I should jump all over this. So can anyone tell me what I’m missing? I seem to be the only one in the word who’s gagga over this stock. Of course I’m not naive. I understand that even the best juniors always carry risk, but this seems like such a good bet, so can anyone give me any info I may have missed. Thanx.
And Travis as a relatively new irregular, I’m just totally loving the insight and humor I get from your newsletter.
Personal Capital is an advertiser with Stock Gumshoe, but Travis also uses it every day for his personal accounts and finds it invaluable. Here's what he said: "They offer a great (and genuinely FREE) 'second opinion' for your financial plan, but what I love most is their automated financial dashboard -- it will look at all your assets and debts, tally up your asset allocation, project where you'll be at retirement, and suggest ways to manage risk or improve returns. It's free, I think their free tools are great, and I think it's worth checking out -- you can do so here.